Category: Money tips Release Date: 2006-06-15
Source: Ling Junjie Orient Securities
This week's farewell to the continuous short squeeze of the early market, began a huge shock and soul-stirring, from the Monday start of the intraday volatility, market index started to increase, broader market Tuesday afternoon, fell 83 points, but the market is still in the active The incremental funding under the action of meteoric rise to popularity, when we used to diving Quotes intraday, the Thursday, the index is almost a repeat of the trend of 2.27, after falling more than 250 points, and the amount of turnover is also another historical day , when we thought that a major adjustment beginning Friday tape Jedi counterattack, almost recovered Thursday's decline, and stocks full-blown, the two cities is only 11 stocks fell, staged a riot of color is always a good show spring. Next week is Labor Day holiday trading before the last full week, thanks to a sharp concussion this week, other uncertainties, the broad market trend will continue next week for investors Nieyibahan.
Closely watched economic data this week, at last Thursday afternoon, "long-awaited," a quarter of GDP growth of 11.3%, CPI index was 2.7%, while CPI index was 3.3% in March, due to the relationship between economic data to the central bank will raise interest rates policy, introduced in the near future, so the market has been great concern the broader market fell sharply Thursday on expectations the central bank is also likely to raise interest rates to reflect a kind of radical. The data after the introduction of major organizations differ greatly on whether to raise interest rates, some institutions that the 51 rate hikes may be the time window, and optimistic people will think that is unlikely to raise interest rates during the first half, but the market Friday to significantly up to respond to economic data for these important views. IPO at the same time noticeably accelerated pace in the near future, after the release in China CITIC Bank, Bank of Communications has been will be, the management of using the market to do more to increase enthusiasm for the stage of high IPO volume illustrates the rapid rise in the market under their control attitude.
Funds as the market is still relatively Kuanyu surface, the new issue of the Fund were sold out in a very short period of time, Japan and a new record high number of accounts, although Thursday's choppy session, also could not withstand the new investors to do more than passion. A huge amount of incremental funding to make the current tape is difficult to appear deep adjustments, while China CITIC Bank has also issued instructions to freeze the current 1.2 trillion money market funds are still very abundant.
From the stocks performance, the shares of financial stocks is undoubtedly the biggest highlight of the recent in the market continued good returns, trading volume continued to enlarge, but it is also stimulated by brokerage backdoor news, shares of brokerage concept has recently been a flood, to become the star of the market variety; the introduction of stock index futures futures companies will bring profits to the equity futures are also a huge variety of bubbling space. In the current market environment, good background, is expected to equity financial stocks in the short term will still be the mainstream of the market hot. While other subjects will also be supported by a certain individual stocks performance.
Is expected next week, stocks in a large number of incremental funding is still driven by a strong ascribed to kinetic energy, but in the aftermath of this week's turmoil is not flat, as well as the dual effect of 51 holiday under the influence of the broader market higher will not be easy short squeeze market, the rate will still be a considerable shock, which would be a test of investor sentiment. In the tape to the good backdrop, investors can focus on shares of financial stocks, while 51 holiday concept is worthy of short-term investor attention.
